Some investment advisors want to retain the use of all your available funds and look at insurance as a expenditure their clients do not need to make . As a risk specialist, I look at the big picture "cost " . If you required treatment in US or experimental medications this could cost over 500 k . Let's assume you had to deplete your investments to take care of these costs what is that going to do to your investments or retirement ? Many computer generated analysis may look great but look at the "cost " if funds are needed for health reasons . Critical Illness insurance may be the best "investment " you make ! Read about this coverage on our web www.tkfg.ca .
Some people are so busy to get to some point or goal that they forgot to live . Demands on our time are enormous : family , business , community involvement , friends and a million of other things in the course of a day . I remember many years a go reading books on life balance and seeing a circle with perfect pieces divided on all things we need to have in balance : spiritual , personal , family , health ... Unfortunately that perfect division in the circle does not exist in my experience . Sometimes health piece is bigger other times work . Life is about striking a balance but do not be discouraged because it is never perfect nor was it ever meant to be !
Some people are so busy to get to some point or goal that they forgot to live . Demands on our time are enormous : family , business , community involvement , friends and a million of other things in the course of a day . I remember many years a go reading books on life balance and seeing a circle with perfect pieces divided on all things we need to have in balance : spiritual , personal , family , health ... Unfortunately that perfect division in the circle does not exist in my experience . Sometimes health piece is bigger other times work . Life is about striking a balance but do not be discouraged because it is never perfect nor was it ever meant to be !
Would you believe me if I pointed out to you a fact that over 80 percent of business owners did not complete an insurance planning exercise . Often a series of single decisions may seam logical when looked at in a context of big picture are disastrous . Operating company , family trust , holding company , shareholder agreements , personal and business will and family issues have to be dealt with when completing an insurance plan . Yes it takes skill for a professional insurance advisor to know how all the pieces fit together. Look at our web , www.tkfg.ca , and click on to video inside Estate Planning to see what we really do for our clients .
Business owners can be found from someone working by themselves to someone employing hundreds of people . I find often business owners do not get just recognition . Do you realize how many thousands of businesses operate in Ottawa ? Do you know how much businesses mean to our community ? Owning a business means sometimes you are the last to get paid and your life existence is dependent on the success of your business . Some of us built businesses on cash flow as banks do not regularly lend people money that start their own business and business owners put their life on a string to be a success . So you want to own a business ? Think hard and long , do not open a business to create a job for yourself !
There is much one can learn from game of football which relates to business . You need to make plays that count and there is no room for major mistakes . It takes a team to win , your staff is part of that team and they need to be led . Never assume , always keep moving towards the goal line . You do not get a second chance to deliver a win or touchdown . Never give up on your objective and use your skills . Maybe most of all , never stop believing you can win .
We are not in same situation as many countries but let's not bring out the party hats . Provinces like Ontario and Quebec need to get their economy and budgets in order . Cash can not be flowing for misspending and waste . Federal government needs to cut their expenditures . Yes cuts hurt but must be done . Small business needs incentives to grow and employ people to pay tax for all the services we need . We can not all be blaming big corporations as they need to answer to their shareholders who also demand profits . So let's stop whining and dig in together we will grow !
Often people confuse estate planning as planning for when one dies and that is not the case . How would you like to save tax throughout your life and at time of death ? Would you like to have a safety net to protect you ? Protect your family ? Guarantee continuity for your business ? How would you like to have a piece of mind knowing nothing has been left to chance ? Our objective is to build a team around you to create a estate plan which focuses on you . Remember , a series of seemingly good individual decisions when looked at as part of the big plan may be disastrous to your financial health . I invite you to look at the testimonials on our web and hear as well as see what others say about us , www.tkfg.ca .
I wish there was a easy method to teach our kids about the world . Some say that they need to learn on their own and that is best way to learn . I think best way to learn is by learning from others because some lessons are just too painful . One lesson I want my kids to learn is that not everyone that you think is your friend . I also want them to know that investing in meaningful relationships is worth the effort . I also want them to know " taking care of yourself is not selfish " . I want my kids to know that true strength has to come from inside and build it ! I want my kids to know to be kind to people and you never know the pain they are going through so do not judge . Most of all I want my kids to leave a footprint in the world so that others benefit in some way because they cared to give of themselves .
People , RIM is a Canadian company that employs people and pays taxes so stop bashing it . Life is not perfect and neither is any company so please stop looking at why this company is not something you envision . When RIM gets taken out by some company from another country we will be bashing government for losing jobs . Stop the insanity and support one of our own and I know I will . Canadians have no trouble at looking why company is not Apple but we need to give our head a shake . When you bash our companies in Canada how do you expect people in other countries support RIM products . When your company is "perfect " then you will be a expert .
So many of us are focused on the road ahead and too much time looking back to why things happened to us . If you believe in God , you will accept that he has a plan for us and things happen for a reason . I have spent much of my life focusing on future and working to be better with very little attention as to what is now . It is normal to focus on future but focusing on here and now is as important . Growing up in a environment where I focused on what will come unfortunately I missed some of what was . Being driven to be better , do better and get ahead is good thing but it does not focus you on the here and now . Being grateful every day is something that helps me now get focused on what is and present . Meditation is also a excellent method to slow down the world . Make your life special and focus on your gifts !
While the rich have a lot of good reasons to do estate planning so do you ? It is estimated that 50 percent of Canadians do not have a will , do you ? Estate planning is not only for planning at death as some may think . Estate Planning can save you thousands of dollars while alive . How do you get a Estate Plan completed ? There has to be a individual to lead the process and we do this on a regular basis . We will put a team together from your existing professional advisors and bring other specialists when required . We are formulating a family office environment without the fees associated to that concept . You , your family and your business will gain value from working with us . Our discovery meeting will give us both a chance to get to know each other and see if there is a fit .
We live in a fast paced world and we have let our form of communication slip from one on one to email , text or phone . I get frustrated as with some people their preferred form of communication is email or text and making a appointment takes 4 emails or more . I have seen people emailing each other in same premise rather then walk over and talk in person . I do believe there is a change occurring where people are going back to phone or personal conversation . I do not think technology was meant to minimize personal relationships but it has done that . There is nothing better then eyeball to eyeball communication .
Now days many people call themselves trusted advisor but what does that mean to you ? Does the advisor have to hold your interest in highest regard ? Does your advisor need to care about : You ? Your family ? Your company ? Does the advisor need to go beyond their core services ? Does he or she need to be punctual ? Do they need to be knowledgable in their field and beyond ? Do they need to have integrity ? Do they need to be motivated by doing best possible job for you ? Would you trust them with your most valued possession ? We all want to be trusted advisors to our clients but we need to have a very good report card ! There is a difference between a professional advisor and a sales person , they may both sell a product but they both are not equal to the task of taking care of you the way you deserve !
I have taken the course through Dan Sullivan , Strategic Coach , and had a hard time accepting the concept of taking Free Time . The program is one of the best I have taken and it now makes more sense then ever . I now take Monday morning Free Time instead of rushing into my day with hair on fire . I am going to go for a workout , meditate and do some reading this morning . Being a A personality , some say triple A , it is difficult for me not to engage into work . With all the computer gadgetry it makes it difficult to not work more then we should . I am focusing on doing things that matter and people that matter . Meditation has been a great source of stress relief and brings calm into my life . Stop feeling guilty and do something for yourself now .
